I think no one will dare to buy bitcoin for $ 19k. The present moment bitcoin has made investors lose confidence in it. That made a lot of people nervous, me and my friends have actually suffered a loss when they believed bitcoin too much.
The experience for us is that we should invest in many other altcoins instead of just investing in bitcoins.
Topic: Who would buy $19K Bitcoin? (Read 140 times)
People bought at 19k and higher this time. They'll do it again. (Just like how everyone bought at the previous ATH this time even though there was a big dump last time as well.) When the hype train starts going, people let greed and fantasies of becoming rich overnight cloud all logic and reason... i.e. there's a sucker born ever minute.
If the price of Bitcoin reaches $19,000 again, would you buy it? I think no one would buy at such a high price after this massive dump. With all the FUD and the decrease of media attention we will never see Bitcoin at this level again. The best strategy for now is to buy low and just hold long enough for profit. Long term hodling is history.
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